ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Cement Comes In from the Cold

Cement Comes In from the Cold THE decision, taken barely 10 days before cement decontrol was to come into effect on January 1, to postpone it indefinitely, has followed much political horse-trading. Ever since April this year when Government first announced its intention to decontrol, it had been firm in the face of opposition from a section of the cement industry. Cement has been marginally surplus, new projects are being put through both in the private and the public sectors, and the cement industry has been sufficiently divided on the desirability of decontrol not to operate as a cartel any longer So it seemed the opportune moment for allowing market forces to take over the determination of price, cement movements, and plant expansion.

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